This bull market meta for liquid tokens is likely to follow the steps of BAYC in the previous bull Interesting to note that the pico top was 30th Apr 2022, the day they gave the last airdrop (Otherdeeds)

The pendulum of attention at L2's is close to swinging to the other extreme From being considered the only real technology that would scale blockchains to being completely left in the dust Their time to shine will eventually come, think Q1 2024 $ARB $OP $POL $STRK $MONAD

The best thing Avalanche have done in their entire existence is to rebrand themselves as the 'GameFi' & 'RWA' de facto L1 chain Emin should raise the salaries of their marketing team

Why I rejected a 750 ETH ($3.2M USD) offer on RumbleKongs #7494 Why I rejected a 1500 ETH ($9.5M USD) offer on CryptoPunk #6046 Why I do not intend to close the BONK position ($12.8M USD) anytime soon? God willing! Many such cases

Imagine dumping >500M$ worth of $ETH at the ETH/BTC pico bottom to fund a Bitcoin mining operation because they think "this will generate more value for their creditors" Mashinsky deserves jail time, this Celsius NewCo bullshit CEO deserves life imprisonment

Now - Q1 2024 imo 🦇🔊 > 🟧 🔴 > 🔺 💙, 🧡 > ☀️ 🐸>🐶 Remember, Crypto is about cults based on attention + relative valuations, nothing else matters

You didn't like it as $MATIC But you will love it as $POL

In a bull market, avoid tokens where team publicly says "we are here for the long run" They won't play the crypto game needed to get the token into overvaluation territory Image attached

I highly doubt that the two new best memes (PEPE + WIF) will peak at $4B & $3B respectively, considering this is the meme cycle similar as 2021 was the NFT & alt-L1 cycle In the short term, they may have peak attention, but in the medium/long term I think they trade higher

BTC 70k$ ETH 5k$ SOL 180$ Soon

Visualize memes as real empires During the virtuous cycle, morale is high & they will conquer all that is conquerable Then, they reach the peak of megalomania, try to attack impossible targets & end up being defeated The death spiral begins